Harvest Equal Weight Global Utilities Income ETF
Income And Stability Built On Constant Demand
The utilities sector is extremely attractive for defensive and income-oriented investors. Electric utilities providers, telecom companies, and oil & gas pipeline operators all have huge scale, significant barriers to entry, and near-monopolies in their markets. By holding a portfolio diversified by sector and geography and applying a covered call strategy this ETF maximizes the defensiveness and income potential of utilities.
Key Facts
As at 2022/05/16
TICKER
HUTL
TSX
CURRENCY
CAD
Hedged
NAV
$19.76
Updated Daily
MKT PRICE
$19.79
Updated Daily
NET AUM*
$122.54M
Updated Daily
MGMT STYLE
Passive
-
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1166
Cash, Per unit
CURRENT YIELD
7.07%
Updated Daily
DISTRIBUTION
$4.4308
Total, Since Inception**
Distributions
|
Last Ex-dividend Date: 2022-04-28 |
|
Last Record Date: 2022-04-29 |
|
Last Payment Date: 2022-05-09 |
|
Last Cash Distribution Per Unit: $0.1166 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception**: $4.4308 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-04-28 | 2022-04-29 | 2022-05-09 | $0.1166 | Monthly |
| 2022-03-30 | 2022-03-31 | 2022-04-08 | $0.1166 | Monthly |
| 2022-02-25 | 2022-02-28 | 2022-03-09 | $0.1166 | Monthly |
| 2022-01-28 | 2022-01-31 | 2022-02-09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2021-12-30 | 2021-12-31 | 2022-01-07 | $0.1166 | Monthly |
| 2021-11-29 | 2021-11-30 | 2021-12-09 | $0.1166 | Monthly |
| 2021-10-28 | 2021-10-29 | 2021-11-09 | $0.1166 | Monthly |
| 2021-09-28 | 2021-09-30 | 2021-10-08 | $0.1166 | Monthly |
| 2021-08-30 | 2021-08-31 | 2021-09-09 | $0.1166 | Monthly |
| 2021-07-29 | 2021-07-30 | 2021-08-09 | $0.1166 | Monthly |
| 2021-06-29 | 2021-06-30 | 2021-07-09 | $0.1166 | Monthly |
| 2021-05-28 | 2021-05-31 | 2021-06-09 | $0.1166 | Monthly |
| 2021-04-29 | 2021-04-30 | 2021-05-07 | $0.1166 | Monthly |
| 2021-03-30 | 2021-03-31 | 2021-04-09 | $0.1166 | Monthly |
| 2021-02-25 | 2021-02-26 | 2021-03-09 | $0.1166 | Monthly |
| 2021-01-28 | 2021-01-29 | 2021-02-09 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2020-12-30 | 2020-12-31 | 2021-01-08 | $0.1166 | Monthly |
| 2020-11-27 | 2020-11-30 | 2020-12-09 | $0.1166 | Monthly |
| 2020-10-29 | 2020-10-30 | 2020-11-09 | $0.1166 | Monthly |
| 2020-09-29 | 2020-09-30 | 2020-10-09 | $0.1166 | Monthly |
| 2020-08-28 | 2020-08-31 | 2020-09-09 | $0.1166 | Monthly |
| 2020-07-30 | 2020-07-31 | 2020-08-07 | $0.1166 | Monthly |
| 2020-06-29 | 2020-06-30 | 2020-07-09 | $0.1166 | Monthly |
| 2020-05-28 | 2020-05-29 | 2020-06-09 | $0.1166 | Monthly |
| 2020-04-29 | 2020-04-30 | 2020-05-08 | $0.1166 | Monthly |
| 2020-03-30 | 2020-03-31 | 2020-04-09 | $0.1166 | Monthly |
| 2020-02-27 | 2020-02-28 | 2020-03-09 | $0.1166 | Monthly |
| 2020-01-30 | 2020-01-31 | 2020-02-07 | $0.1166 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2019-12-30 | 2019-12-31 | $0.1166 | Monthly | |
| 2019-11-28 | 2019-11-29 | $0.1166 | Monthly | |
| 2019-10-30 | 2019-10-31 | $0.1166 | Monthly | |
| 2019-09-27 | 2019-09-30 | $0.1166 | Monthly | |
| 2019-08-29 | 2019-08-30 | $0.1166 | Monthly | |
| 2019-07-30 | 2019-07-31 | $0.1166 | Monthly | |
| 2019-06-27 | 2019-06-28 | $0.1166 | Monthly | |
| 2019-05-30 | 2019-05-31 | $0.1166 | Monthly | |
| 2019-04-29 | 2019-04-30 | $0.1166 | Monthly | |
| 2019-03-28 | 2019-03-29 | $0.1166 | Monthly |
Portfolio Analysis‡
As at April 29, 2022
|
Number of Equity Securities: 30 |
|
Average Market Capitalization (CAD): $51B |
|
Average Dividend Yield: 4.83% |
|
Average P/E: 17.9x |
|
Average 5 Year Return on Equity: 14.60% |
|
_ |
|
As at April 29, 2022 |
|
As at April 29, 2022 |
Holdings
As at April 29, 2022
| Name | Ticker | Weight | Sector | Country |
|---|---|---|---|---|
| Edison International | EIX US | 3.8% | Electric Utilities | United States |
| The Southern Company | SO US | 3.8% | Electric Utilities | United States |
| Entergy Corporation | ETR US | 3.7% | Electric Utilities | United States |
| The Williams Companies, Inc. | WMB US | 3.7% | Oil, Gas & Consumable Fuels | United States |
| Consolidated Edison, Inc. | ED US | 3.6% | Multi-Utilities | United States |
| Duke Energy Corporation | DUK US | 3.6% | Electric Utilities | United States |
| FirstEnergy Corp. | FE US | 3.6% | Electric Utilities | United States |
| Fortis Inc. | FTS CN | 3.6% | Electric Utilities | Canada |
| Kinder Morgan, Inc. | KMI US | 3.6% | Oil, Gas & Consumable Fuels | United States |
| PPL Corporation | PPL US | 3.6% | Electric Utilities | United States |
| SSE PLC | SSE LN | 3.5% | Electric Utilities | United Kingdom |
| Telia Company AB | TELIA SS | 3.5% | Diversified Telecommunication | Sweden |
| Emera Incorporated | EMA CN | 3.4% | Electric Utilities | Canada |
| ONEOK, Inc. | OKE US | 3.4% | Oil, Gas & Consumable Fuels | United States |
| Avangrid, Inc. | AGR US | 3.3% | Electric Utilities | United States |
| BCE Inc. | BCE CN | 3.3% | Diversified Telecommunication | Canada |
| National Grid PLC | NG/ LN | 3.3% | Multi-Utilities | United Kingdom |
| TC Energy Corporation | TRP CN | 3.3% | Oil, Gas & Consumable Fuels | Canada |
| Telefonica, S.A. | TEF SM | 3.3% | Diversified Telecommunication | Spain |
| TELUS Corporation | T CN | 3.3% | Diversified Telecommunication | Canada |
| Deutsche Telekom AG | DTE GR | 3.2% | Diversified Telecommunication | Germany |
| Endesa S.A. | ELE SM | 3.2% | Electric Utilities | Spain |
| Koninklijke KPN NV | KPN NA | 3.2% | Diversified Telecommunication | Netherlands |
| Swisscom AG | SCMN SW | 3.2% | Diversified Telecommunication | Switzerland |
| Telenor ASA | TEL NO | 3.0% | Diversified Telecommunication | Norway |
| Verizon Communications Inc. | VZ US | 2.8% | Diversified Telecommunication | United States |
| Vodafone Group PLC | VOD LN | 2.7% | Wireless Telecommunication Services | United Kingdom |
| E.ON SE | EOAN GR | 2.5% | Multi-Utilities | Germany |
| ENGIE S.A. | ENGI FP | 2.4% | Multi-Utilities | France |
| Fortum Oyj | FORTUM FH | 2.3% | Electric Utilities | Finland |
| Cash and other assets and liabilities | 1.9% | |||
| Market value of options | (0.3)% | |||
| Foreign currency forwards | (0.5)% |
Annualized Performance
As at April 30, 2022
| Ticker | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | SI |
|---|---|---|---|---|---|---|---|---|
| HUTL | (0.38) | 0.64 | 6.59 | 2.09 | 9.39 | 12.42 | 4.63 | 6.28 |
Calendar Year Performance †
As at April 30, 2022
| Ticker | 2021 | 2020 | 2019 |
|---|---|---|---|
| HUTL | 16.37 | (10.92) | 15.57 |
Cumulative Market Price#
(Monthly Distribution: $0.1166)
Cumulative Growth $10,000 Invested
(NAV pricing)
HUTL Historical Daily Prices (CLICK HERE)
Documents
 |
| Why Invest |
 |
| Investor Brochure |
 |
| ETF Facts |
.
| Document | Language | Type | |
|---|---|---|---|
| Why Invest | English | French | Information Materials |
| Investor Booklet | English | - | Information Materials |
| ETF Products Booklet | English | French | Information Materials |
| Covered Call Writing | English | French | Information Materials |
| ETF Facts | English | French | ETF Facts |
| Prospectus | English | French | Prospectus |
| MER Summary | English | - | MER Summary |
| 2021 Annual Distributions | English | - | Annual Distributions Summary |
| 2021 Annual Financial Statements | English | French | Statements/MRFPs |
| 2021 Annual Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2021 Interim Financial Statements | English | French | Statements/MRFPs |
| 2021 Interim Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2021 Quarterly Summary - Q3 | English | - | Portfolio Disclosure |
| 2021 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
| PFIC Annual Information Statement | English | - | Information Statement |
| July 1, 2020 to June 30, 2021 Proxy Summary | English | - | Proxy Voting |
HUTL Historical Documents (CLICK HERE)
Investment Objective
Harvest Equal Weight Global Utilities Income ETF invests in an equally weighted portfolio of 30 global utilities companies, covering utilities, telecommunications, oil & gas storage, and transportation. The ETF is designed to provide a consistent and competitive monthly income with an opportunity for growth. In order to generate an enhanced monthly distribution yield, an active covered call strategy is engaged.
Benefits of investing in HUTL
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|
ETF Facts
As at April 29, 2022
| Quick ETF Facts | Unit |
|---|---|
| TSX Code | HUTL |
| CUSIP | 41754C105 |
| Currency | CAD-Hedged |
| Inception Date | 2019/01/07 |
| Management Style | Passive with Covered Calls |
| Eligible | RRSP | RRIF | RESP | TFSA |
| Management Fee | 0.50% |
| Risk Rating |  |
| Distribution Facts | Unit |
| Last Cash Distribution Per Unit | CA$0.1166 |
| Last Record Date | 2022-04-29 |
| Cash Distributions Since Inception** | CA$4.4308 |
| Cash Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
| 2021 Distributions Summary | PDF View |
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Disclaimer
Harvest Equal Weight Global Utilities Income ETF
Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds (managed by Harvest Portfolios Group Inc.). Please read the relevant prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns. The Fund is not guaranteed, its values changes frequently and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.
* Represents aggregate AUM of all classes denominated in Canadian dollars.
** Inception Date: 2019/01/15
† The first year of Calendar Year Performance presents the rate of return from commencement of operations to December 31 of that year.
‡ Source: Bloomberg. Average statistics calculated based on portfolio weighted average. Dividend yield (gross) based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. The above information is for illustrative purposes only, is estimated and unaudited.
# For illustrative purposes only. The chart above only shows the market value per unit of Harvest Equal Weight Global Utilities Income ETF ("HUTL") using the daily market close on the TSX and identifies the monthly cash distributions paid by HUTL on a cumulative basis. The cash distributions are not compounded or treated as reinvested, and the chart does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder. The chart is not a performance chart and is not indicative of future market values of HUTL or returns on investment in HUTL, which will vary.
